Kanetsu FX Securities vs Saxo: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeKanetsu FX SecuritiesSaxo
Licence Score60Moderate84Very strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record18
1 FCA United Kingdom —Licensed
1 ASIC Australia —Licensed
1 JFSA Japan LicensedLicensed
1 MAS Singapore —Licensed
1 FINMA Switzerland —Licensed
1 SFC Hong Kong —Licensed
2 AFM Netherlands —Licensed
2 Finanstilsynet (DK) Denmark —Licensed
Founded19911992
HeadquartersJapanDenmark
TypeForex & CFD brokerTrading bank
Publicly listedNoNo
PlatformsProprietaryProprietary
Minimum deposit—No minimum
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Frequently asked questions

Is Kanetsu FX Securities or Saxo better regulated?

Saxo has the higher Licence Score (84 vs 60), based on the number and tier of licences, operating history and public listing.

Which regulators license both Kanetsu FX Securities and Saxo?

Both are matched to licences from JFSA.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.